The Real Deal Innovo Property Group, which late last year had struck a deal to buy the 864,303-square-foot office building at 452 Fifth Ave in midtown Manhattan, hasn’t completed its purchase and lost its $35 million deposit Innovo was to have...
Crain’s New York Business Brooklyn, NY, investor Mendel Kaff has purchased two apartment buildings with 555 units in The Bronx, NY, for $169 million Kaff bought the properties from Lineage Properties of New York His Honeywell Towers LLC paid $105...
REBusiness Online Kushner Cos has broken ground for One Journal Square, a mixed-use property in Jersey City, NJ, that will have 1,723 apartment units and 40,000 square feet of ground-floor retail space next to a PATH commuter transit station...
Commercial Observer Rosewood Realty Group is marketing for sale a mixed-use project that’s currently under construction at 159 Broadway in the Williamsburg section of Brooklyn, NY Bidding on the property, which was thrown into bankruptcy in...
Commercial Observer Columbia Property Trust has secured a $270 million mortgage against the 182,305-square-foot office building at 799 Broadway in Manhattan Blackstone Mortgage Trust provided the loan, which was arranged by Eastdil Secured The loan...
The Real Deal A venture of Fairstead, Artemis Real Estate Partners and C-III Capital Partners is offering for sale Savoy Park, a 1,802-unit affordable housing property in Harlem, NY Cushman & Wakefield has the listing for the seven-building...
Commercial Real Estate Direct Staff Report The CMBS trusts that collectively hold $285 million of financing against the 248,457-square-foot retail portion of 229 West 43rd St, the former New York Times building in Manhattan’s Times Square...
The Real Deal A venture of Dermot Co, USAA Real Estate and PGGM has paid $1423 million, or $525,092/unit, for The Addison, a 271-unit apartment property in the Boerum Hill section of Brooklyn, NY Multi-Employer Property Trust, a fund managed by...
Multi-Housing News RXR Realty of New York has secured $105 million of financing against 360 Huguenot, a 280-unit apartment property in downtown New Rochelle, NY Rialto Capital Management provided the loan, which was arranged by JLL Capital Markets...
The Real Deal Triple Five Group didn’t make a semi-annual payment on an $800 million municipal bond, putting its continued ownership of the American Dream Mall in East Rutherford, NJ, in jeopardy The Edmonton, Alberta, developer has until June...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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